Franklin Delano Roosevelt
Franklin Delano Roosevelt is, along with Abraham Lincoln, one of Barack Obama’s heroes, as Barack Obama is among the first to point out. Accordingly, Obama is pursuing a number of the same disastrous economic policies that Franklin Roosevelt pursued, which policies only served to keep the United States depressed for years.
Yes, the truth about Franklin Delano Roosevelt, which people on both sides of the political spectrum hate to hear, is that he not only did not bring this country out of the Great Depression: he prolonged it for well over a decade.
By the time FDR’s reign of destruction was through, the United States was still in a deep depression, and the interventionist precedents he established, which served only to keep the country depressed, haunts America to this very day.
Barack Hussein Obama...According to Time Magasine
Never again, until Barack Obama, has an American president so brazenly and so consistently demonstrated this lack of regard for individual human beings; and never again, until Barack Obama, has a president stomped so savagely upon the unalienable right to life, liberty and property.
Franklin Roosevelt died on 12 April 1945.
It was not until 1947, when wartime controls and government spending finally ended and free markets were at last allowed to operate somewhat freely – i.e. without the stranglehold of the federal government – that this country at last began to emerge from its eighteen-year depression.
That depression was much exacerbated by the Big Government, Progressive, interventionist Herbert Hoover, but Franklin Delano Roosevelt took interventionism to a whole new level.
“The ideas embodied in the New Deal Legislation were a compilation of those which had come to maturity under Herbert Hoover’s aegis. We all of us owed much to Hoover.”
- Rexford Tugwell, FDR senior adviser and member of FDR "Brain Trust,", 1946
I do so wish Progressives would decide whether Hoover was a good guy or a bad guy. Personally, I think both he and FDR were unmitigated disasters. Oh, and for all of you excuse makers out there:
Whining that “Hoover started it!” or “Bush did it, too!” is not a denial. It is a CONFESSION.
Continue in Part II.
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